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Company A receives $50,000 in exchange for ownership rights in its company. Which two accounts would Company impact? a. Accounts Receivable and Accounts Payable b.
Company A receives $50,000 in exchange for ownership rights in its company. Which two accounts would Company impact?
a. Accounts Receivable and Accounts Payable
b. Accounts Receivable and Revenue
c. Cash and Stock
d. Cash and Revenue
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